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Jan 23, 2013
01/13
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KQED
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they find themselves on the defensive when it comes to the debt ceiling issue. remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is it the kind of fight the republicans want to have to redefine themselveses? >> i think they do. gwen, i think you have to know when to hold them and know when to fold them. yes, the republicans folded on this wise wisely. finally, i think they got some smart on this. you have to pick your fights. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government.
they find themselves on the defensive when it comes to the debt ceiling issue. remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will be on the sweeping spending cuts that go into effect march 1 and on the government funding that runs out on march 27. march is going to be the month to watch, and it's a month that could end in a government shutdown. >> ifill: is...
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Jan 24, 2013
01/13
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FBC
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the debt ceiling another three months until the 18th of may. the vote to 852144. 111 democrats voting no. also asking the house and senate to approve a budget by the 15th of april. they don't congressional pay could be placed an escrow through late next year. does that sound like music? senate majority leader harry reid says the bill will be voted on in the senate over the coming days. the white house says the president will actually sign it into law. meanwhile, senate budget committee chairwoman saying that her committee will, indeed, draft a budget this year if adopted. the first time that the senate democrats have passed a budget in four years. so in advance to the democrats returning to regular word business, returning government at least in its transition to reality for us all. thank you very much. joining us now, the "a-team". good to have you all year. i have to think that you are about to break out in song. i mean, think about it. an agreement amongst the republicans for a 10-year plan. ryan has taken 30 years out of his plan, reduced c
the debt ceiling another three months until the 18th of may. the vote to 852144. 111 democrats voting no. also asking the house and senate to approve a budget by the 15th of april. they don't congressional pay could be placed an escrow through late next year. does that sound like music? senate majority leader harry reid says the bill will be voted on in the senate over the coming days. the white house says the president will actually sign it into law. meanwhile, senate budget committee...
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Jan 22, 2013
01/13
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FOXNEWSW
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half a budget, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have been frustrated by the senate failing to pass a budget. speaker boehner's office released inknow graphic about what could have been accomplished since the last budget passed on april 29, 2009. it clouded 179 round trips to the moon. circumnavigating the globe 73 times. leading senate republicans say it's time for the senate to step up. it has been four year since the senate acted on a budget. in fact, if you believe this. many of you have ipads. ipads didn't exist the last time the senate passed a budget. >> the senate majority didn't say no but he didn't fully embrace the house deal either. >> i'm glad that they sent us up a clean -- they are going to send us a clean debt ceiling bill. the other stuff on it, we'll approach it when we need to. glad we're not facing a crisis here in a matter of
half a budget, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have been frustrated by the senate failing to pass a budget. speaker boehner's office released inknow graphic about what could have been accomplished since the last budget passed on april 29,...
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Jan 24, 2013
01/13
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FOXNEWSW
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the debt ceiling is the limit on how much the feds can borrow. republican leaders were refusing to raise it without an equal amount of spending cuts. but the bill they just passed has a new ultimatum for the house and the senate. no budget, no pay. carl cameron in the d.c. newsroom tonight. how is this supposed to break the gridlock? >> hey, shep. it's basically a two-part deal. the first says by april 15th, both the house and the senate each have to pass a budget that balances in 10 years. should either chamber fail then its members paychecks can't be delayed. they can't stop it constitutionally they have to get paid. the other part suspends enforcement of the federal debt limit until may 19th, at which point it will increase retroactively without any offset in spending cuts. here is how speaker john boehner summed it up today. >> you know, the premise here is pretty simple. it says that there should be no long-term increase in the debt limit until there is a long-term plan to deal with the fiscal crisis that faces our country. >> and now the de
the debt ceiling is the limit on how much the feds can borrow. republican leaders were refusing to raise it without an equal amount of spending cuts. but the bill they just passed has a new ultimatum for the house and the senate. no budget, no pay. carl cameron in the d.c. newsroom tonight. how is this supposed to break the gridlock? >> hey, shep. it's basically a two-part deal. the first says by april 15th, both the house and the senate each have to pass a budget that balances in 10...
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Jan 22, 2013
01/13
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FOXNEWSW
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i think what's going to happen on the debt ceiling they're going to vote to extend the debt ceiling for a couple of months and that's good. we don't want to be in a situation where we're defaulting or the threat of default, but i think they need to tie that back to something and maybe it's not the big and grand bargain with the entitlement plans right now, but i think at a minimum they have to tie it back to getting a budget at the senate, that begins the conversation. >> greta: it seems to me one of the large problems that small businesses have, correct me if i'm wrong, there's no certainty because congress and the president never make up their mind and they bring everything to the brink and pass something for three months. you don't no he what's going to happen with our tax structure or the debt ceiling. am i right? they don't sit down and make a decision that the lack of impact to make decisions in your business. >> one thing is a lack of certainty and the things we're certain of for small businesses, and hate to keep beating a dead horse, president obama is one of the job killers in
i think what's going to happen on the debt ceiling they're going to vote to extend the debt ceiling for a couple of months and that's good. we don't want to be in a situation where we're defaulting or the threat of default, but i think they need to tie that back to something and maybe it's not the big and grand bargain with the entitlement plans right now, but i think at a minimum they have to tie it back to getting a budget at the senate, that begins the conversation. >> greta: it seems...
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Jan 21, 2013
01/13
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KNTV
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let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> a bill that says regardless of what happens with the debt ceiling, the united states will never default on the debt, would you support that or not? >> i support the concept. i'd have to look at the bill. the best way to do that is the mcconnell act. >> we may have just made news. >>> last week, general colin powell was here worried about a dark vein of intolerance in republican quarters. you are part of a stream of new faces in the republican party, minority faces and voices in the party that seem to stand against that. how did you respond to it? >> well, i saw that interview. i respect general powell a great deal. i was disappointed with those comments. i think he was buying into some of the partisan attacks. if you look at this last election, for example, i think the most racially divis
let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> a bill that says regardless of what happens with the debt ceiling, the united states will never default on the debt, would you support that or not? >> i support the concept. i'd have to look at the bill. the best way to do that is the...
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Jan 27, 2013
01/13
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WJLA
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i think what we are facing iss not simply the debt ceiling. what we are facing is sequestratation, whihich are the automatic cucuts of more than a trillion dollars over 10 years whh many republicans are seeing a willingness, expressing a willingness toet set in at the end of march. that would mean another fight and struggle. >> all this will unfold in six months, not a ar from now. he is in a book could position to fight. >> was an interesting and little-noticed thing this week. ececonomic numbers in britain came out, where they have had a very tough, brave a austerity program. now they are possibly entering into a triple dip recession. it is an example perhaps of too much austerity. france m may be an example of too much non-austerity. if we go through sequester, people will see what those cuts mean. i suspect there will be a rebellion over it be that y could hardly accused the united states of indulging in too ch austerity. we have added $5 trillion of debt in four years. that wou be a new definition of austerity. >> i am not saying that. t
i think what we are facing iss not simply the debt ceiling. what we are facing is sequestratation, whihich are the automatic cucuts of more than a trillion dollars over 10 years whh many republicans are seeing a willingness, expressing a willingness toet set in at the end of march. that would mean another fight and struggle. >> all this will unfold in six months, not a ar from now. he is in a book could position to fight. >> was an interesting and little-noticed thing this week....
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Jan 23, 2013
01/13
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KPIX
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. >> and republicans reached a deal on the debt ceiling but there's a catch. the latest from washington. coming up next. >> from the cbs 5 weather center, good afternoon, everyone. sure, we have some rain showers in and around the bay area. that's our live camera looking out towards mount vaca. the rain and how long it will stick around as eyewitness news continues right here on cbs 5. about to pay more the next time you mail. the u-s postal >>> hope you stocked up on forever stamps because if you didn't, you're about to pay more the next time you mail out. the u.s. postal service is upping the cost of a stamp by a penny this weekend. now it will cost 46 cents to send a letter. 33 cents for a postcard and for the first time ever, the postal service is going to start offering a global forever stamp for $1.10. >>> there is a truth in the battle over the debt limit. the house passed a bill that business the country another 4 months before default but the measure forces the senate to do something it hasn't done in four years. cbs news reporter randall pinkston exp
. >> and republicans reached a deal on the debt ceiling but there's a catch. the latest from washington. coming up next. >> from the cbs 5 weather center, good afternoon, everyone. sure, we have some rain showers in and around the bay area. that's our live camera looking out towards mount vaca. the rain and how long it will stick around as eyewitness news continues right here on cbs 5. about to pay more the next time you mail. the u-s postal >>> hope you stocked up on...
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Jan 27, 2013
01/13
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WUSA
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house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >> thanks, good to be here with you vago. >> something that's been making headlines is secretary panetta changing the guidance to allow women to serve in combat roles that had been closed to them at one point on a standards based sort of way. but physical fitness standards aren't the same for both sections. are you guys -- sexes. are you guys going to have to establish new standards to make sure they are up for the task? >> we're not going to change standards that matter for war fighting capability. and 237,000 now positions that used to be closed to women will now be presumptivively open to women. we are
house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >>...
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Jan 26, 2013
01/13
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WETA
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gwen: let me ask john this, what happened this week, kicking in the debt ceiling deadline farther away, was that rigging? was that government book keeping in the eyes of the leaders here in washington? >> i think it's adjusting the game and changing some of the contours of the game and making sure that the contest did not have the same kind of heat and high stakes for the economy for markets, for everybody's 401-k out there that people perceived and if we really got up to the brink of a potential default or united states not being able to meet all of its obligations, you know, i'm not sure on the point that bobby jindal and others were making at the meeting in north carolina, i'm not sure the -- what republicans are about, if they're not talking about the size of government, cost of government, tax and spending issues, they will have to deal with those but at the moment they didn't want to deal with them in quite such a pressurized environment so john boehner was able to convince his caucus to accept the council to move past the debt limit. they're now shifting to other fiscal fights a
gwen: let me ask john this, what happened this week, kicking in the debt ceiling deadline farther away, was that rigging? was that government book keeping in the eyes of the leaders here in washington? >> i think it's adjusting the game and changing some of the contours of the game and making sure that the contest did not have the same kind of heat and high stakes for the economy for markets, for everybody's 401-k out there that people perceived and if we really got up to the brink of a...
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Jan 21, 2013
01/13
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KTVU
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>> i think so, i think the debt ceiling struggle is probably a loser. the public has been convinced i think to some extent by what amounts to false information, that flows out of the white house and other quarters and throughout too much of the media, that the failure to raise the debt limit would mean an automatic default on international debt which is not true, but, nonetheless, scary. and, i think they didn't want to face that. they didn't do well the last time and have chosen a strategy to use this to get the senate, indirectly to pass a budget, which would be kind of historic, sips it has not happened in several years. and would at least shift the focus away from themselves and as for fighting on the continuing resolution to keep the government only or the sequester, it remains to be seen what strategy, actually how they'll frame all of that. i'll be interested to see that. >> chris: liz, when i talked with david plouffe he made it sound so reasonable. well, you know, republicans will have to agree to some of the cuts they were suggesting, loophole
>> i think so, i think the debt ceiling struggle is probably a loser. the public has been convinced i think to some extent by what amounts to false information, that flows out of the white house and other quarters and throughout too much of the media, that the failure to raise the debt limit would mean an automatic default on international debt which is not true, but, nonetheless, scary. and, i think they didn't want to face that. they didn't do well the last time and have chosen a...
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Jan 21, 2013
01/13
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CNBC
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we've gone over the cliff, now we have the debt ceiling. but, you know, even if they get over those two short-term problems, you still have got the problem of a massive deficit, which is going to have to be reigned in. at some point, you're going to get a fiscal squeeze in america and that is going to put a break on what is not very far from economic growth. i think you'll have that which is always something that is going to be there in the background. you have a lot of debt, as well, still in the private sector, which needs to be fluffed off. there's a deraef raejing that you've been seeing right across the western world is still going to go on, i think, for the best part of this decade. >> and we heard leading up to this election that rarely has a u.s. president been elected with such high levels of unemployment. what was different this time? >> oh, i think it had something to do with the candidate he was facing not being able to energize the public. but i also think, look, reflation? the public loves that, right? free money. >> but do th
we've gone over the cliff, now we have the debt ceiling. but, you know, even if they get over those two short-term problems, you still have got the problem of a massive deficit, which is going to have to be reigned in. at some point, you're going to get a fiscal squeeze in america and that is going to put a break on what is not very far from economic growth. i think you'll have that which is always something that is going to be there in the background. you have a lot of debt, as well, still in...
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Jan 24, 2013
01/13
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WBAL
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lawmakers coded to suspend the debt ceiling -- lawmakers voted to suspend the debt ceiling. netflix was about 30% higher in the pre-market. they signed about two million subscribers in the past quarter. debt collectors are tracking people on facebook and twitter. new restrictions on how debt collectors can be allowed to contact you. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. back to you. >> now weather and traffic together on the 1's. >> said here is tony. tehre yhere you go. >> we had a clipper storm come through last night. it is not a lot of snow but there could be some slippery spots. light snow at the airport. that to taper off within the next few hours. mostly sunny this afternoon. sunshine this afternoon and cold temperatures. >> good morning. secondary roads are worse than the primary roads. this is the westbound span of the bay bridge. the left lane is close with an accident. word of a crash was bound 100 at oakwood. westbound 70 at 29, continued problems because of a crash. 32 eastbound, another fender bender. take some extr
lawmakers coded to suspend the debt ceiling -- lawmakers voted to suspend the debt ceiling. netflix was about 30% higher in the pre-market. they signed about two million subscribers in the past quarter. debt collectors are tracking people on facebook and twitter. new restrictions on how debt collectors can be allowed to contact you. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. back to you. >> now weather and traffic together on the 1's. >> said...
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Jan 24, 2013
01/13
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MSNBC
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the debt ceiling debacle is postponed until may. the senate is close to a deal to reforming the filibuster. and we of course are waiting for the start of the nominatio
the debt ceiling debacle is postponed until may. the senate is close to a deal to reforming the filibuster. and we of course are waiting for the start of the nominatio
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Jan 24, 2013
01/13
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MSNBCW
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., a potential crisis over the debt ceiling. looks like it will be averted, at least until the spring. the republican-controlled house passed a bill allowing the government to avoid default and continue borrowing money and paying its bills until may. it also requires lawmakers in both chambers to pass a budget if they actually want to keep getting paid their salary. with the senate set to sign on house speaker john boehner credited the bill for forcing the democrats' hand. >> after four years i'm glad the senate has finally decided to act. because there is no indication that we're going to do a budget until we announced last week that we were going to move this bill that said pass a budget or no pay. >> paul ryan wears that orange tie a lot. boehner wears that green tie quite a bit. the democrat-controlled senate has not produced a detailed budget in 1,366 days. yesterday democratic leaders said the measure is actually a victory for the president. >> i'm not sure what happened at the house republican retreat last week, but it su
., a potential crisis over the debt ceiling. looks like it will be averted, at least until the spring. the republican-controlled house passed a bill allowing the government to avoid default and continue borrowing money and paying its bills until may. it also requires lawmakers in both chambers to pass a budget if they actually want to keep getting paid their salary. with the senate set to sign on house speaker john boehner credited the bill for forcing the democrats' hand. >> after four...
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Jan 23, 2013
01/13
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FOXNEWSW
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there is word of what may be a break through in the standoff over the so-called debt ceiling. the point where our nation can no longer pay its bills. house republicans are set to vote tomorrow on a temporary fix, which would raise the federal spending limit. now the white house says it won't stand in the way of that: even though the president says he would rather see the problem fixed once and foreall. the g.o.p. measure would buy us only a few months before congress would have to agree to a long-term solution. a second part of the proposal would force lawmakers in both houses of congress to pass a budget or they wouldn't even get paid. that's the g.o.p. attempt to force the senate's hand the democratic led senate hasn't passed a budget in four years now. mike emanuel son the top story at the bottom of the hour. live with us from the row rotuna on capitol hill. mike, house republicans meeting behind closed doors late today. have we heard anything? >> well, shep, some conservatives don't love this debt ceiling deal because they don't like the idea of adding to the nation's cred
there is word of what may be a break through in the standoff over the so-called debt ceiling. the point where our nation can no longer pay its bills. house republicans are set to vote tomorrow on a temporary fix, which would raise the federal spending limit. now the white house says it won't stand in the way of that: even though the president says he would rather see the problem fixed once and foreall. the g.o.p. measure would buy us only a few months before congress would have to agree to a...
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Jan 27, 2013
01/13
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KRCB
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what we are facing is not simply the debt ceiling. what we are facing is the sequestration, the automatic cuts of a trillion dollars over 10 years, which many republicans are seeing a willingness, expressing willingness to let set in at the end of march, and that will mean another fight and struggle. all this will unfold in probably six months. i think he is in a good position to fight for the next six months. >> there was an interesting and little noticed thing this week. economic members in britain came out, where they have had a very tough austerity program. now they are possibly entering into a triple dip recession. it is an example, perhaps, of too much austerity. franceay be an example of too much non-austerity. but if we go through sequester, people will see what those cuts mean. i think there would be a rebellion over it. >> you could hardly accuse the united states of indulging too much in austerity. we have added $5 trillion in debt. >> i am not saying that. i am saying that what we have at this moment is a decision of how m
what we are facing is not simply the debt ceiling. what we are facing is the sequestration, the automatic cuts of a trillion dollars over 10 years, which many republicans are seeing a willingness, expressing willingness to let set in at the end of march, and that will mean another fight and struggle. all this will unfold in probably six months. i think he is in a good position to fight for the next six months. >> there was an interesting and little noticed thing this week. economic...
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Jan 29, 2013
01/13
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FOXNEWS
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in a couple of days, the senate will vote on a proposal to extend the debt ceiling out til may, so if the senate does, it heads to the white house for the president's signature, and that reorders the calendar of deadlines as far as spending is concerned, so next up would be the government spending cuts, the automatic spending cuts known as the sequester followed by march 27th a large chunk of government spending authority runs out. and without an agreement the, basically, no spending agreement there you'd have a government shutdown on may 18th, that's the next debt ceiling deadline if this does manage to pass the house and the u.s. senate and go to the president's desk for his signature. analysts are saying next up now is that big government spending fight dealing with the appropriations process, and it makes it more likely now with that up next that there could be a goth shutdown. a government shutdown. >> you know, take off the worst case elements of what, you know, could be a worst case scenario by removing the debt ceiling, essentially, and then have just a good old fight on spend
in a couple of days, the senate will vote on a proposal to extend the debt ceiling out til may, so if the senate does, it heads to the white house for the president's signature, and that reorders the calendar of deadlines as far as spending is concerned, so next up would be the government spending cuts, the automatic spending cuts known as the sequester followed by march 27th a large chunk of government spending authority runs out. and without an agreement the, basically, no spending agreement...
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Jan 22, 2013
01/13
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FBC
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>> they took a baby step with this debt ceiling thing saying you pass a budget. the next step is to say, okay, as part of a program of fiscal responsibility, we have to do something about this going forward. the reality is, republicans do not have much leverage. they lack the courage of their own convictions. they are scared silly because they think they will lose elections that way. dagen: what is the game plan down the road, though? will they just wait until we are on the verge of these programs starting to run out of at least some money and then they will raise taxes on wealthier people to fund them? there has to be a long game plan >> you are talking about these politicians acting like adults and thinking long-term. i do not think there is a long-term game plan when it comes to dealing with entitlements. connell: paul krugman wrote a big piece about that. we do not have to do with it now, just put it off. >> just think about the debate that we are having right now. democrats are saying we need to raise taxes for government spending. it is medicare, social sec
>> they took a baby step with this debt ceiling thing saying you pass a budget. the next step is to say, okay, as part of a program of fiscal responsibility, we have to do something about this going forward. the reality is, republicans do not have much leverage. they lack the courage of their own convictions. they are scared silly because they think they will lose elections that way. dagen: what is the game plan down the road, though? will they just wait until we are on the verge of these...
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Jan 24, 2013
01/13
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CSPAN
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they're playing political games with the debt ceiling. and that undermines certainty. yesterday, economist simon johnson of m.i.t. testified before our committee saying that a short-term increase would only extend uncertainty he said, i quote, you will continue to undermine the private sector, you will continue to delay investment and reduce employment relative to what it would be otherwise. let's for a second remember history. the last time the house republicans played political games with the debt ceiling, august 20 11, our economy produced the lowest job growth in three years. during that two-month period, the dow jones plummeted 2,000 points including one of its worst single day drops in history, 635 points on, on august 8. s&p downgrade the u.s. credit rating for the first time in history. leading republicans in june, 2011, criticized the notion of a short-term debt ceiling increase as providing a lack of certainty. the majority leader said, i quote, we feel very strongly that one of the reasons we continue to see an ailing economy is that people have very little
they're playing political games with the debt ceiling. and that undermines certainty. yesterday, economist simon johnson of m.i.t. testified before our committee saying that a short-term increase would only extend uncertainty he said, i quote, you will continue to undermine the private sector, you will continue to delay investment and reduce employment relative to what it would be otherwise. let's for a second remember history. the last time the house republicans played political games with the...
WHUT (Howard University Television)
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Jan 23, 2013
01/13
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WHUT
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president obama has tacitly endorsed a house republican plan to lift the debt ceiling for the next four months. the measure would lift enforcement of the government's $16.40 trillion borrowing limit until may 18. in a statement, the white house said it would not oppose the temporary move. a house vote is expected today. protests on both sides of the reproductive rights debate were held on tuesday to mark the 40th anniversary of roe v wade, the supreme court decision that legalized abortion. dozens of opponents rallied outside the supreme court's ahead of what they say will be a larger march near capitol hill on friday. meanwhile in jackson, mississippi, abortion rights advocates held a demonstration outside of the state's lone abortion clinic which has faced repeated threats of closure. a new poll coinciding with the fourth anniversary shows national support for abortion rights is at an all-time high. a record 70% of americans oppose overturning roe v wade, and for the first time on record, a majority now believes abortion should be legal in all or most cases. two people are in custody
president obama has tacitly endorsed a house republican plan to lift the debt ceiling for the next four months. the measure would lift enforcement of the government's $16.40 trillion borrowing limit until may 18. in a statement, the white house said it would not oppose the temporary move. a house vote is expected today. protests on both sides of the reproductive rights debate were held on tuesday to mark the 40th anniversary of roe v wade, the supreme court decision that legalized abortion....
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Jan 24, 2013
01/13
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MSNBCW
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for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a bipartisan effort. look, if you look at the goal, we've got to get our fiscal house in order, we've got to balance the budget, and in order to do that, the senate actually has to produce a budget, which they haven't done in nearly four years. the house has had budgets for each of the last two years that actually get to balance. so what we did, in this bill, is to say to the senate, look, you've got to do a budget. families do budgets, businesses do budgets, employers do budgets. the senate has not done a budget in nearly four years, so this is the challenge for th
for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a...
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Jan 24, 2013
01/13
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CURRENT
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when we come back, republicans caved on the debt ceiling. so what's next? >> announcer: radio meets television. the "bill press show." now on current tv. fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. i think the number one thing that viewers like about the young turks is that we're honest. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. >> i'm pleased speaker boehner has decided to change course and pass the bill that over the debt ceiling. >> announcer: this is the "bill press show." >> bill: 13 minutes before the top of the hour on the "full court press" here this thursday morning. when we come -- in the top of the next hour rather, we'll be joined by lynn sweet from the "chicago sun times" as a "friend of bill." for the whole hour. and then former sena
when we come back, republicans caved on the debt ceiling. so what's next? >> announcer: radio meets television. the "bill press show." now on current tv. fund your healthcare. really? i want to have those conversations, not to be confrontational, but to understand what the other side is saying, and i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. i think the number one thing that viewers like about the young turks is...
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Jan 22, 2013
01/13
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they will hit the debt ceiling mid-february. this pushes this whole thing back a couple months. doug mckelway is live in washington with the story. doug, surprise, surprise, right? >> reporter: surprise, surprise, martha. this is the no budget, no pay bill. it would suspend the debt limit until may 19th at which time the debt limit would automatically increased beyond the present $16.4 trillion to accommodate whatever the u.s. borrowed at that time. it makes the extra borrowing contingent upon this. if either chamber of congress fails to pass a budget by april 15th. all income earned by members of that respective chamber would be settle aside. no budget, no pay. republicans ha been frustrated by the senate's failure to pass a budget the last four years. in his inaugural address yesterday some say the president set a not so conciliatory tone about the debt ceiling and other impasses with the gop-controlled house. >> we can not mistake absolutism for principle or substitute speckel for politics, or treat name-calling as reasoned debate. >> reporter: couple blocks away at a breakfa
they will hit the debt ceiling mid-february. this pushes this whole thing back a couple months. doug mckelway is live in washington with the story. doug, surprise, surprise, right? >> reporter: surprise, surprise, martha. this is the no budget, no pay bill. it would suspend the debt limit until may 19th at which time the debt limit would automatically increased beyond the present $16.4 trillion to accommodate whatever the u.s. borrowed at that time. it makes the extra borrowing contingent...
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Jan 23, 2013
01/13
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you have said you are going to focus on the debt ceiling, the debt limit and the c.r. do you intend to bring up any of those recommendations? >> i expect our committees will hold hearings and make decisions after they have had their hearings. thank you all. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> nancy pelosi held a briefing on the effectiveness of the violence against women act. she believes it helps to save lives and called on house republicans to re-authorize it immediately. the bill was up for consideration last year but blocked in the house by republican leadership. this is half an hour. >> good afternoon, everyone. this is a very special occasion for us to come together around a piece of legislation that strikes to the heart of our families and our country. i'm pleased to be here with democratic whip steny hire, ranking member conyers of the judiciary committee. congresswoman gwen moore, the author of the violence against women act and louise slaughter. congresswoman slaughter was one of
you have said you are going to focus on the debt ceiling, the debt limit and the c.r. do you intend to bring up any of those recommendations? >> i expect our committees will hold hearings and make decisions after they have had their hearings. thank you all. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] >> nancy pelosi held a briefing on the effectiveness of the violence against women act. she believes it helps to...
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Jan 21, 2013
01/13
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FBC
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whether to extend the debt ceiling. well, maybe we will extended for three months without spending cuts. i think they're feeling their oats right now plan that was reflected by that statement by chuck schumer. lori: without question. thank you so much. love your insight. >> thank you, melissa. melissa: breaking news. the death toll from the algerian gas plant seeds climbing past 80 people as more bodies are being found. u.s. officials say that the american casualties now stand at three people. straight to fox news with more. >> well, that toll is likely to continue to increase in the coming days and maybe even weeks. aagerian officials continue to sift through the entire debris at the tax side. dozens of people are still unaccounted for. officials say they're finding dozens of mangled bodies all over the facility. it is really difficult to tell whether or not they are the bodies of hostages or the attackers. making matters worse according to algerian officials, fears a booby traps and mines all over the gas facility. me
whether to extend the debt ceiling. well, maybe we will extended for three months without spending cuts. i think they're feeling their oats right now plan that was reflected by that statement by chuck schumer. lori: without question. thank you so much. love your insight. >> thank you, melissa. melissa: breaking news. the death toll from the algerian gas plant seeds climbing past 80 people as more bodies are being found. u.s. officials say that the american casualties now stand at three...
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Jan 24, 2013
01/13
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the house averted the debt ceiling fight. at least some republicans. 33 members of the house gop still broke rank. by averting, we, of course, mean punting the ticking time bomb three months down the road. >> another 90 days away so we can continue to royle this congress, this country, our people, and our economy. >> we should not even be having a debate. it should be no doubt that the full faith and credit of the united states will be honored, and that is what our constitution says. >> the gimmick nature of this whole thing i won't elaborate on, has been done before. >> either way, the passage of this bill has allowed lawmakers to skip from brinkmanship to probably more brinkmanship. looming just over the horizon is a budget battle that could shut down the government and automatic steep spending cuts that could cost thousands of jobs. welcome to the new normal in washington. joining us now from davos, switzerland, is cnbc's squawk box co-host "new york times" columnist and author of too big to fail, andrew ross sorkin. it is
the house averted the debt ceiling fight. at least some republicans. 33 members of the house gop still broke rank. by averting, we, of course, mean punting the ticking time bomb three months down the road. >> another 90 days away so we can continue to royle this congress, this country, our people, and our economy. >> we should not even be having a debate. it should be no doubt that the full faith and credit of the united states will be honored, and that is what our constitution...
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Jan 22, 2013
01/13
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he was clearly referring to the fact that they've moved off the fight on the debt ceiling a few months. he believes he can deal with them and, as you heard, get some kind of grand bargain. i need to be convinced of that, wolf. >> part two of your interview coming up later. >> he tells us, how does he know when the president is mad at him. >> interesting to see that. thank you. good work. >>> in a moment, the latest on the breaking news we've been following a shooting at a community college in houston, texas. there's going to be a news conference from the sheriff there. we'll update you with what is going on. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where, if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. and
he was clearly referring to the fact that they've moved off the fight on the debt ceiling a few months. he believes he can deal with them and, as you heard, get some kind of grand bargain. i need to be convinced of that, wolf. >> part two of your interview coming up later. >> he tells us, how does he know when the president is mad at him. >> interesting to see that. thank you. good work. >>> in a moment, the latest on the breaking news we've been following a shooting...
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Jan 24, 2013
01/13
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CNN
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. >>> the house has passed a bill that would prevent the united states from hitting the debt ceiling. at least right away. it's dubbed the no budget no pay act. it was proposed by republicans and it lets the treasury department borrow money until mid-may, as long as congress passes a budget by april 15th. if lawmakers don't come up with a blueprint for the budget, the measure states their pay will be withheld. constitution doesn't allow the no pay thing to really happen, so that is a pr stunt. any way, that's why the act passed. 33 republicans, 111 democrats voted against it. one dem who did, congresswoman debbie wasserman schultz and she tells us the bill wasn't a clean debt ceiling increase and only prolongs economic uncertainty. it only extents it for a few months so she's right about that. >>> in the last 48 hours or so, u.s. cargo planes made at least five trips into mali transporting about 80 french troops and more than 124 tons of supplies. a spokesman for the u.s./africa command tells us the airlifts began monday, are going to go on for several more days. i couldn't help but n
. >>> the house has passed a bill that would prevent the united states from hitting the debt ceiling. at least right away. it's dubbed the no budget no pay act. it was proposed by republicans and it lets the treasury department borrow money until mid-may, as long as congress passes a budget by april 15th. if lawmakers don't come up with a blueprint for the budget, the measure states their pay will be withheld. constitution doesn't allow the no pay thing to really happen, so that is a...
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Jan 22, 2013
01/13
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guest: the debt ceiling is set to expire $6.4 trillion. we need to raise the nation's are one limits. republicans do not like that idea without having spending cuts. they have come up with a plan to extend it for a few months until may. if the democrats in the senate have not reduce a budget with spending cuts, they will set aside the pay of members of congress. it is a tricky maneuver on their part. their goal is to get senate democrats to pass this. the senate has been unable to pass a budget for the past four years. it will be a days off between the parties over the debt limit. we will get a good look at that legislation. host: senate democrats said they will pats a budget. guest: it may not include the spending cuts republicans are looking or. host: larry, san diego, democratic caller. caller: i disagree with your host that after 18 months or two years obama will no longer be effect it. -- effective. when that the house. he may be able to do more in his last two years and his last four years. guest: if the democrats can take back the h
guest: the debt ceiling is set to expire $6.4 trillion. we need to raise the nation's are one limits. republicans do not like that idea without having spending cuts. they have come up with a plan to extend it for a few months until may. if the democrats in the senate have not reduce a budget with spending cuts, they will set aside the pay of members of congress. it is a tricky maneuver on their part. their goal is to get senate democrats to pass this. the senate has been unable to pass a budget...